House for sale
Walk-everywhere city living in central Port Elizabeth, 150m from NMU pick-up, with a private brick-paved courtyard and freestanding braai — ideal student rental, two beds one bath.
Positioned in the heart of Port Elizabeth Central, 15 Ivy Street is a single-storey rendered cottage that puts location at the centre of its investment case. Just 150m from the NMU pick-up zone and within easy reach of shops, schools and everyday amenities, it sits in one of the city`s most consistent rental catchments — the kind of address students and tenants look for first.
Inside, the open-plan lounge and dining area is lit by a large sliding glass door that opens to the courtyard, drawing the outdoors in. Painted tongue-and-groove ceilings run through the living spaces and kitchen, lending the cottage its period character, while cornice detailing adds a traditional touch in the bedrooms. The functional kitchen and dated-but-serviceable bathroom are fully workable as-is, giving an incoming owner immediate use while leaving obvious scope to refresh finishes and lift value.
Two bedrooms provide flexible letting configurations, with one featuring a full-wall bank of built-in wardrobes — practical storage for a shared-living arrangement. The bathroom includes a separate shower, bath, toilet and vanity.
The enclosed rear courtyard is the property`s quiet surprise: brick-paved and framed by mature trees and leafy plantings, with a freestanding braai and secure perimeter walls. It`s a private outdoor retreat that adds genuine tenant appeal.
Street-facing windows carry timber shutters and burglar bars, and the front boundary is secured with steel palisade fencing. With no visible structural concerns and priced at R749,000, this is a straightforward entry-level asset: buy well, refresh strategically, and capitalise on unrelenting central-precinct rental demand.
The laundry room and toilet can easily be converted to another rentable room.
This property is ideal for student accommodation and you will not get another opportunity to enter this lucrative market at such a low entry level.
Act now and cal me to make an appointment.
Listed for sale at R749,000
Compared with 29 active listings in Gqeberha.
Insight
Priced 19% above the local median — but still inside the typical range for Gqeberha.
It's larger than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 22 listings
Above-average space · based on 22 listings
Market depth
29 listings
Similar homes town-wide
76 days
Median time on market
Medium inventory
Active across Gqeberha
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Gqeberha Central offers a vibrant, historic urban lifestyle characterized by its proximity to major business hubs, cultural landmarks, and the scenic coastline, making it an ideal choice for those who value city convenience and architectural heritage.
